Johnny Rock's $100,000 Challenge

Discussion in 'Journals' started by johnnyrock, May 26, 2021.

  1. johnnyrock

    johnnyrock

     
    #91     Oct 1, 2021
  2. johnnyrock

    johnnyrock

    Live trading results:
    • Added 25 shares of WEAT
    • 3 trades MES
    • 2 small losses and one large win (MES)
    I am only able to trade in the afternoon, but I will post wins and losses via my order entry screen. I think that is the best way to show progress and verify that the results are real.

    Screenshot_20211110-181548.png Screenshot_20211110-181555.png Screenshot_20211110-181638.png
     
    #92     Nov 10, 2021
  3. johnnyrock

    johnnyrock

    For those who are new, I am trading a small account via the IBKR mobile app
     
    #93     Nov 10, 2021
  4. This is my fav one..I think I made it up. not sure.

    Trade based on what the market is doing,
    not on what you think it's doing.
     
    #94     Nov 11, 2021
    johnnyrock likes this.
  5. Is MES the MICRO E-MINI S&P 500 INDEX? Futures trading?

    I've only traded the QQQ so don't know much else. I did trade the Canadian dollar futures once and when I was a kid my dad made me buy Six Flags stock
     
    #95     Nov 11, 2021
  6. johnnyrock

    johnnyrock

    The MES is the micro ES. They also offer the MNQ which is one tenth the the size of the NQ. At tax time, it's simpler than trading the SPY or QQQ, but you lose the advantage of dialing in your position size versus the ETF.
     
    #96     Nov 11, 2021
  7. johnnyrock

    johnnyrock

    Live results:

    • 3 small losses Screenshot_20211111-160155.png Screenshot_20211111-160210.png Screenshot_20211111-160215.png
     
    #97     Nov 11, 2021
  8. johnnyrock

    johnnyrock

    • Scratched trade.
    • As you can see, the market moved after I tightened my stop.
    • One trade on the day. Screenshot_20211112-150239.png Screenshot_20211112-161518.png Screenshot_20211112-161535.png Screenshot_20211112-161540.png
    • Small profit for the week (approximately 12 points on the MES)
    • Still holding 125 shares of WEAT ($200/month averaging up)
    • $3093
    Screenshot_20211112-162032.png
     
    #98     Nov 12, 2021
  9. johnnyrock

    johnnyrock

    • One trade so far this week
    • 1.25 point loss MES
    • I'm only able to trade in the afternoons. Screenshot_20211117-165838.png Screenshot_20211117-165845.png Screenshot_20211117-165853.png Screenshot_20211117-165857.png
     
    #99     Nov 17, 2021
  10. johnnyrock

    johnnyrock

    I only made one trade this week. Next week could be interesting. Screenshot_20211119-153225.png
    I passed on a couple of marginal setups as we consolidate. Still holding 125 shares of WEAT. Screenshot_20211119-153302.png
     
    #100     Nov 19, 2021